Bridgetown—The Caribbean Development Bank (CDB) and the Caribbean Catastrophe Risk Insurance Facility (CCRIF) recently hosted a strategic donor meeting at the offices of the CDB in Barbados to discuss ways to support CCRIF’s new excess rainfall product and to coordinate with donors&rsquo...

WASHINGTON, Mar.17, CMC – The Inter-American Development Bank (IDB) along with the People's Bank of China (PBC) have approved the China Co-financing Fund for Latin America and the Caribbean to support public and private sector projects that promote sustainable economic growth in the region...

PANAMA CITY, Panama, CMC – The Inter-American Development Bank (IDB) says world growth is likely to be suppressed below potential for several years to come, but Latin America and the Caribbean can escape this global outlook and boost growth significantly by adopting appropriate structural refo...

BELMOPAN, Belize, CMC - The Caribbean Community Climate Change Centre (CCCCC) and the German Financial Cooperation (KfW) have signed a programme geared towards reducing the risks of climate change on the Caribbean’s coastal population. The approximately six year Ecosystem-Based Approaches for...

PARAMARIBO, Suriname, CMC- The Government of Suriname has embarked on a joint venture with the Kaloti Group of Dubai to establish the first gold refinery in the Caribbean. The refinery that is being built near the village of Wit Santi, close to the country’s International Airport, is expected...

NEW YORK, CMC - A major international credit rating agency says the liquidity crisis leading to Grenada’ default on its US and Eastern Caribbean (EC) dollar bonds is “credit negative” for the country and elevates the risk of distress spilling over to member countries in the Eastern...

KINGSTON, Jamaica - HAS anybody noticed how unelected bodies like the International Monetary Fund, the European Union, the United Nations, World Bank and others are encroaching on the Legislative Agenda of some nations of the world? These organisations are able to determine what legislations are est...

GEORGETOWN, Guyana, CMC - Finance Minister Dr. Ashni Singh will on Monday March 25 present the national budget to the National Assembly. Singh said that the focus of the Donald Ramotar government will be to continue with the acceleration of economic growth and social development, with emphasis on ma...

BRIDGETOWN, Barbados - ON the eve of tonight’s discussion on a strategy for growing the Barbados economy, it is necessary to refer to a paper which the Governor of the Central Bank of Barbados, Dr. Delisle Worrell, penned last year. In the paper published in Washington D.C. by the Group of 30...

CASTRIES, St. Lucia CMC - A St. Lucia owned company Cellestial has been awarded an EC$1.3 million (US$500,000) grant to pursue innovative projects in the region. The company was selected from among thousands of applicants that were shortlisted to 7 finalists and then finally to winner status followi...